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Nonprofit · EIN 83-2467481

DCU NEXT GENERATION

Tax-exempt · WIXOM, MI 48393

Financials

$7K$10K2023
Revenue Expenses · by fiscal year end
Financials of DCU NEXT GENERATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$6,670$10,295-$3,625$7,513–$7,513
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$6,417
Program service revenue
$253

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$10,295
Program services (functional)
$2,608

Balance sheet and other

Total assets, start of year
$11,138
Total assets, end of year
$7,513
Total liabilities, end of year
–
Net assets, end of year
$7,513
Cash, savings and investments
$7,513
Gross receipts
$6,670

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Godfrey Aguwa JrExecutive Director7$0
Fonda AguwaPresident2$0
Chioma NwagbaraSecretary1$0
Godfrey Aguwa JrTreasurer2$0

Address and contacts

Address (IRS master file)
30766 TAMARACK ST APT 37311, WIXOM, MI 48393-2738
In care of
% GODFREY AGUWA JR
Mailing address (990-N for 2022)
30766 Tamarack St 37311, Wixom MI 48393
Principal officer (990-N for 2022)
Godfrey Aguwa Jr, 30766 Tamarack St 37311, Wixom MI 48393
Signed the 990-EZ
Godfrey Aguwa Jr, Treasurer

Mission

Cultivating healthy financial literacy environments for underserved communities through early education entrepreneurship opportunities and engaged advocacy.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Financial Literacy FiT for College is dedicated to preparing high school students transitioning into higher education through focused topics ranging from grants and student loans to shopping and roommates. Concluded finalized development of higher education planner.
    Expenses $2,385
  • Began drafting plans to expand our youth entrepreneurship programming specifically Lemonade Day and potentially Youth Business Fair into the City of Detroit through strategic partnerships with school officials and local organizations.
    Expenses $223

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
83-2467481
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$7,513
Income (IRS master file)
$6,670

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$6,670$10,295$7,513XML
990-N for 2022
Officer: Godfrey Aguwa Jr
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Godfrey Aguwa Jr
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Godfrey Aguwa Jr
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-2467481).

Questions about DCU NEXT GENERATION

What is the EIN of DCU NEXT GENERATION?
The employer identification number (EIN) of DCU NEXT GENERATION is 83-2467481.
Is DCU NEXT GENERATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to DCU NEXT GENERATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DCU NEXT GENERATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of DCU NEXT GENERATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DCU NEXT GENERATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who is the principal officer of DCU NEXT GENERATION?
The 990-N for 2022 names Godfrey Aguwa Jr.
Who are the officers and directors of DCU NEXT GENERATION?
The 990-EZ for the year ended December 31, 2023 lists 4 people; 0 received compensation from the organization.
How much revenue does DCU NEXT GENERATION have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $6,670, expenses of $10,295 and total assets of $7,513 at year end.

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